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June 30, 2016


VALUATION WATCH: Overvalued stocks now make up 48.64% of our stocks assigned a valuation and 16.55% of those equities are calculated to be overvalued by 20% or more. Eight sectors are calculated to be overvalued.

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Material World

--Applied Materials Is ValuEngine's Top NASDAQ Stock (Again)

ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities.  When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.

We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.

We can use our data to track individual stocks, industries, sectors, and indices. For today's bulletin, we present key metrics for the top picks in the NASDAQ 100. The companies listed below represent the top-ten BUY and STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

We don't have much change among our leaders since the last time we presented the top NASDAQ picks earlier this month.. Google just makes it into the top ten and replaces Facebook in doing so. Applied Matterials retains the number one spot-- with Broadcom and LAM Research retaining their thrid and fifth-place positions respectively. Intel shoots up into the number two position with CA Inc and Cisco Systems moving up two spots each. What goes up must come down of course, and this week we see Netease, Amgen, and Citrix declining a few spots each. As is to be expected with the NASDAQ, once again, the list is dominated by tech companies.

Ticker
Company Name
Market Price
Valuation
Last 12-M Retrn
1-M Forecast Retn
1-Yr Forecast Retn
P/E Ratio
Sector
6-9-2016 Leaders
AMAT
APPLD MATLS INC
23.56
-20.24%
22.64%
0.96%
11.51%
18.60
Computer and Technology
AMAT
INTC
INTEL CORP
31.93
-2.11%
5.07%
0.76%
9.12%
13.00
Computer and Technology
NTES
AVGO
BROADCOM LTD
155
-5.20%
17.42%
0.76%
9.11%
17.60
Computer and Technology
AVGO
NTES
NETEASE INC
181.48
2.51%
29.07%
0.76%
9.06%
18.28
Computer and Technology
CTXS
LRCX
LAM RESEARCH
82.2
-10.02%
2.49%
0.74%
8.82%
13.34
Computer and Technology
LRCX
CA
CA INC
32.25
14.18%
10.94%
0.65%
7.79%
14.35
Computer and Technology
AMGN
CSCO
CISCO SYSTEMS
28.26
-3.50%
2.61%
0.65%
7.78%
13.46
Computer and Technology
INTC
AMGN
AMGEN INC
150.1
-18.86%
-0.99%
0.65%
7.75%
13.75
Medical
CA
CTXS
CITRIX SYS INC
80.63
-4.95%
15.53%
0.62%
7.41%
19.14
Computer and Technology
CSCO
GOOG
ALPHABET INC-C
684.11
N/A
31.18%
0.56%
6.72%
28.77
Computer and Technology
FB

NOTE: New stocks are in BOLD, old stocks that have moved up the list are in GREEN, old stocks that have declined in position are in RED, and stocks which have retained their position are in CAPS.

Below is today's data on Computer Associates (CA):

Computer Associates International is one of the world's largest information technology management software companies, unifies and simplifies the management of enterprise-wide IT. The Company's software & expertise unify & simplify complex IT environments in a secure way across the enterprise for greater business results.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on CA INC for 2016-06-29. Based on the information we have gathered and our resulting research, we feel that CA INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.


You can download a free copy of detailed report on Computer Associates from the link below.


ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
32.46 0.65%
3-Month
33.41 3.61%
6-Month
34.62 7.34%
1-Year
34.76 7.79%
2-Year
40.71 26.23%
3-Year
41.90 29.93%

Valuation & Rankings
Valuation
14.18% overvalued
Valuation Rank(?)
18
1-M Forecast Return
0.65%
1-M Forecast Return Rank
90
12-M Return
10.94%
Momentum Rank(?)
79
Sharpe Ratio
0.31
Sharpe Ratio Rank(?)
77
5-Y Avg Annual Return
6.46%
5-Y Avg Annual Rtn Rank
74
Volatility
20.91%
Volatility Rank(?)
73
Expected EPS Growth
4.60%
EPS Growth Rank(?)
32
Market Cap (billions)
14.28
Size Rank
93
Trailing P/E Ratio
14.35
Trailing P/E Rank(?)
76
Forward P/E Ratio
13.72
Forward P/E Ratio Rank
59
PEG Ratio
3.12
PEG Ratio Rank
13
Price/Sales
3.55
Price/Sales Rank(?)
26
Market/Book
2.66
Market/Book Rank(?)
40
Beta
1.02
Beta Rank
44
Alpha
0.06
Alpha Rank
76

DOWNLOAD A FREE SAMPLE OF OUR APPLIED MATERIALS (AMAT) REPORT BY CLICKING HERE


 

 

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued
51.36%
Stocks Overvalued
48.64%
Stocks Undervalued by 20%
21.71%
Stocks Overvalued by 20%
16.55%

ValuEngine Sector Overview

Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
1.22%
6.34%
36.92%
12.03% overvalued
19.44%
29.53
-0.20%
6.19%
16.91%
10.10% overvalued
-28.17%
23.91
0.43%
2.24%
7.25%
9.96% overvalued
5.84%
23.98
0.84%
2.87%
9.14%
6.85% overvalued
4.88%
22.76
0.46%
2.28%
7.03%
5.90% overvalued
-6.59%
18.35
0.55%
3.26%
8.91%
5.37% overvalued
-7.08%
21.58
-0.08%
2.13%
-0.64%
2.02% overvalued
-2.14%
19.12
0.18%
1.82%
9.01%
0.82% overvalued
-8.42%
28.12
0.40%
1.97%
13.40%
0.34% undervalued
-8.54%
23.29
0.28%
0.97%
3.34%
1.20% undervalued
-3.19%
16.13
0.81%
1.74%
22.65%
1.38% undervalued
-1.39%
21.31
0.24%
1.56%
4.17%
2.20% undervalued
-10.38%
23.56
0.62%
2.91%
-2.92%
4.01% undervalued
-19.87%
27.42
0.54%
2.79%
4.68%
5.18% undervalued
-24.78%
13.98
0.17%
0.82%
0.56%
7.03% undervalued
-14.26%
12.20
0.24%
1.98%
-1.70%
9.05% undervalued
-11.16%
22.54

 

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day. 
Visit www.ValuEngine.com for more information

 

 
 
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